467 Conrad DrMarsPA16046
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Mars at 467 Conrad Dr, Mars, PA, 16046 generates $2,642/mo in rent and, after a $1,272/mo payment, leaves $939/mo in cash flow. Total monthly income is $2,642/mo, and annual cash flow is $11,268/yr on $86,157 invested. Return on cash invested sits at 32.99% in year one, and rental yield is 12.2% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 173.43% and total cumulative return in cash sums $149,422. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,642/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16046, Mars, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,577 (100%) |
| Owner Occupied HU | 5,735 (75.7%) |
| Renter Occupied HU | 1,372 (18.1%) |
| Vacant Housing Units | 470 ( 6.2%) |
| Median Home Value | $497,910 |
| Average Home Value | $569,567 |
Housing Distribution
Address Breakdown
Residential
7,176
Single Family
7,051
Multi-Family
125
Businesses
484
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Listed by: Krista Lorenzo • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1670121
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.